Property Detail

4906 August

Los Angeles CA 90008

$3,995,000

Status: Active

Property Details

Description

We are pleased to present 4906 August Street in Los Angeles, CA, a 26-unit apartment building offering strong in-place income and value-add opportunity. The property features a unit mix of six studios, eighteen one-bedroom units, and two two-bedroom units. With 18 on-site parking spaces and three vacant units ready for repositioning, the asset allows for immediate income growth alongside stable cash flow. Recent capital improvements include a new roof (2021), soft-story seismic retrofit (2021), plumbing upgrades (2017), and new water heaters (2023),delivering a solid operational foundation. Located in the highly desirable Baldwin Village / South Los Angeles submarket near the Crenshaw Corridor and Leimert Park, the property benefits from ongoing redevelopment, transit access, and strong renter demand making it an ideal acquisition for investors seeking long-term appreciation in a growing market. For more information, please reach out.

Map Location

Listing provided courtesy of of Marcus & Millichap. Last updated 2026-05-10 08:11:01.000000. Listing information © 2026 CRMLS.

John Collins

John Collins

DRE# 01948188
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